Gap (Germany) Market Value
| GAP Stock | EUR 22.74 0.07 0.31% |
| Symbol | Gap |
Gap 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gap's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gap.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Gap on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding The Gap or generate 0.0% return on investment in Gap over 30 days. Gap is related to or competes with Zurich Insurance, Goosehead Insurance, Ping An, Cars, Universal Insurance, Safety Insurance, and Commercial Vehicle. The Gap, Inc. operates as an apparel retail company worldwide More
Gap Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gap's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Gap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.0238 | |||
| Maximum Drawdown | 32.64 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 3.73 |
Gap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gap's standard deviation. In reality, there are many statistical measures that can use Gap historical prices to predict the future Gap's volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | 0.0512 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0364 | |||
| Treynor Ratio | 0.1663 |
Gap Backtested Returns
Gap appears to be not too volatile, given 3 months investment horizon. Gap holds Efficiency (Sharpe) Ratio of 0.0724, which attests that the entity had a 0.0724% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gap, which you can use to evaluate the volatility of the firm. Please utilize Gap's Downside Deviation of 2.54, risk adjusted performance of 0.0533, and Market Risk Adjusted Performance of 0.1763 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gap holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 1.32, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gap will likely underperform. Please check Gap's downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to make a quick decision on whether Gap's current trending patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
The Gap has modest predictability. Overlapping area represents the amount of predictability between Gap time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gap price movement. The serial correlation of 0.51 indicates that about 51.0% of current Gap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 2.76 |
Gap lagged returns against current returns
Autocorrelation, which is Gap stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gap's stock expected returns. We can calculate the autocorrelation of Gap returns to help us make a trade decision. For example, suppose you find that Gap has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gap regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gap stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gap stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gap stock over time.
Current vs Lagged Prices |
| Timeline |
Gap Lagged Returns
When evaluating Gap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gap stock have on its future price. Gap autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gap autocorrelation shows the relationship between Gap stock current value and its past values and can show if there is a momentum factor associated with investing in The Gap.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Gap Stock
Gap financial ratios help investors to determine whether Gap Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gap with respect to the benefits of owning Gap security.